Bitcoin miners' revenue has dropped by more than 30% in the last six months
Bitcoin miners’ revenue has decreased by over 30% in the last six months, despite the 88% year-to-date increase in bitcoin’s price. Bitcoin mining is a lucrative but risky business. Miners are responsible for securing the network and…
The CEO of Coinbase confirmed that there is no intent to develop tokens for Base
Coinbase’s CEO Brian Armstrong has stated that there are no intentions to introduce a token specifically for its layer-2 network, Base, within the cryptocurrency exchange. Coinbase, one of the largest and most popular cryptocurrency exchanges in…
The SEC chairman Gary Gensler, has refused to "pre-judge" a spot bitcoin ETF
The SEC has reviewed several applications for exchange-traded products that track the price of bitcoin but has not approved any of them yet. The SEC chairman didn’t comment on the review process. One of the most anticipated events in the crypto…
Robinhood to launch stock and crypto trading in the UK and EU in 2024
the US-based online investment app is set to launch in the UK in early 2024, after two failed attempts to expand internationally. Robinhood, the US-based fintech company that offers commission-free stock trading and crypto investing, is expanding its…
Attacker on Kyberswap Demands Full Authority, Claiming the Position of "Kyber Director"
A hacker who claims to be the “Kyber Director” has demanded full authority over KyberSwap, a decentralized exchange that suffered a $48 million breach on Nov. 23. KyberSwap, a decentralized exchange (DEX) that allows users to swap tokens…
FTX Has Approved the Liquidation of $744M in Stakes in Grayscale Investments' Digital Trusts
FTX has announced that it has authorized the sale of $744 million worth of stakes in various digital asset trusts managed by Grayscale Investments. FTX has been approved to liquidate $744 million worth of stakes in digital trusts managed by Grayscale…
Jack Dorsey's New Venture Aims to Empower Bitcoin Miners With Decentralized Pool
Jack Dorsey’s New Startup OCEAN Aims to Decentralize Bitcoin Mining Globally Bitcoin mining is the process of securing and validating transactions on the Bitcoin network using specialized hardware called ASICs (application-specific integrated…
Crypto Payments Startup Acctual Raises $3.85 Million in Seed Funding
Acctual, a fintech startup focused on payment solutions for cryptocurrency firms, announces a $3.85M seed round to further develop their bill management platform. Acctual, a startup that helps crypto companies manage their bills and payments, has raised…
Top 10 best performing Cryptocurrencies of 2023
Explore the Best Performing Cryptocurrencies of 2023: A Comprehensive List of Top Market Leaders Cryptocurrencies had a remarkable year in 2023, with many coins experiencing significant growth in market capitalization. Forbes determined the…
Prakash Somosundram Explores the Potential of Web3-Powered Carbon Markets
Climate change is one of the most pressing challenges of our time, and it requires urgent and collective action from all sectors of society. However, the current mechanisms to finance and incentivize low-carbon solutions are often inefficient, opaque,…